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PrecisionHawk

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uuid0002xfz

Namestring
PrecisionHawk
Websiteurl
precisionhawk.com
Company typeenum
Private
Founded yearint
2010
Descriptiontext

PrecisionHawk was a Raleigh, North Carolina-based commercial drone technology company founded in 2010 that built and integrated a drone-based aerial data collection and analytics platform. Its core offering combined drone hardware, software and analytics workflows to serve precision agriculture (crop monitoring and analysis), construction, infrastructure inspection, forestry and logistics end markets. The proprietary technology stack was positioned around cloud-based aerial data processing and AI-enabled real-time analytics, competing alongside DJI, Parrot, Skydio and DroneDeploy.

The company pursued an aggressive inorganic expansion strategy in 2018, executing five acquisitions — Uplift Data Partners (Nov 2018), Hazon Solutions and InspecTools (Sep 2018), and AirVid and Droners.io (Feb 2018) — to extend its drone-services and pilot-network capabilities. It raised approximately $136 million of cumulative disclosed equity funding across six rounds between 2013 and 2019, anchored by strategic investors including Verizon Ventures, Intel Capital, Comcast Ventures, OMERS Ventures, DuPont Ventures, Syngenta Ventures, NTT DOCOMO Ventures and Yamaha Motor Ventures, with Third Point Ventures and Millennium Technology Value Partners serving as lead financial sponsors on multiple rounds.

Pricing, revenue model and customer mix were not publicly disclosed, and no named enterprise customer logos were available in the input data. The company's primary disclosed go-to-market was vertical-focused, with agriculture as the lead segment. A 2024 drone industry consolidation analysis reported that PrecisionHawk filed for bankruptcy alongside Skydrop and ceased independent operations that year, ending a roughly 14-year run during which it had been one of the better-capitalized commercial drone software platforms in the market.

Short descriptiontext

PrecisionHawk was a Raleigh-based drone technology company (founded 2010) that built aerial data collection and AI analytics software for precision agriculture, construction and infrastructure inspection; it raised approximately $136 million before filing for bankruptcy in 2024.

Operating statusenum
Closed
Ownership categoryenum
Headcount rangeband
101–250
akta.pro rankint
HeadquartersRaleigh, United States
HQ citystring
Raleigh
HQ countrystring
United States
HQ regionstring
North America
Markets served

Serves global market

Keyword5 values
drone analytics software, aerial data collection, precision agriculture drones, infrastructure inspection, commercial drone services
Industry3 codes
1Aerial Surveying & Crop Scouting (Imaging, Mapping, Stand Counts)
CodeAFACAIAJPrimaryYes
2Drone/UAS Application Services (Spraying, Spreading, Seeding)
CodeAFACAIABPrimaryNo
3Aerial Application Drones & UAS Spray Systems
CodeAFAAADABPrimaryNo
NAICS code2 codes
  • Search, Detection, Navigation, Guidance, Aeronautical, and Nautical System and Instrument Manufacturing334511
  • Aerospace Product and Parts Manufacturing33641
SIC code2 codes
  • Search, Detection, Navagation, Guidance, Aeronautical Sys3812
  • Aircraft Parts & Auxiliary Equipment, Nec3728
Product category
Drone Analytics Software
Social media profiles2 records
Cost components4 values
Technology or R&D, Personnel, Marketing or Sales, Operations
GTM typeB2B
B2B
Offering typeSoftware
Software
Core offering1 text field

PrecisionHawk develops and integrates commercial drone technology for aerial data collection and analysis. The company offers a drone-based analytics platform serving precision agriculture, forestry, construction, and infrastructure inspection use cases, enabling customers to capture and process aerial imagery for operational decision-making.

Differentiator
Functional benefit
Problem solved
Product overview1 text field

PrecisionHawk is identified as a key player in the drone software and drone analytics market. It is mentioned alongside other industry leaders such as DroneDeploy, Pix4D, DJI, Skydio, and Parrot. According to market research reports, PrecisionHawk competes in the drone analytics sector, offering solutions for applications including Agriculture & Forestry, Construction, and other commercial drone use cases. Note: A 2024 market consolidation report indicates PrecisionHawk filed for bankruptcy during this period.

Product and service1 record
1Drone-based data collection and analytics platform
CategoryDrone Analytics Software
Scale indicator4 records

Each record includes

Type, Value, Description, Source

Recent move5 records

Each record includes

Date, Type, Title, Description, Source

Expansion highlight3 records

Each record includes

Type, Description

Peers10 records
1DJI
TypeBroad incumbent
Description

World's largest commercial drone manufacturer; directly comparable as PrecisionHawk was explicitly profiled alongside DJI in both the global drone-services and agriculture-drones market reports.

2Parrot SA
TypeDirect peer
Description

European commercial-drone manufacturer with an agriculture and inspection focus; cited alongside PrecisionHawk as a leading player in agricultural drones and has since absorbed AgEagle's ag analytics assets.

3Skydio
TypeDirect peer
Description

US-based autonomous commercial drone maker for inspection, public safety, and agriculture; profiled as a direct competitor in drone services alongside PrecisionHawk.

4DroneDeploy
TypeDirect peer
Description

Drone data and analytics platform for construction, agriculture, and inspection; named in the same drone-software competitive set as PrecisionHawk.

5Pix4D
TypeDirect peer
Description

Photogrammetry and drone-mapping software suite used across surveying, agriculture, and construction; explicitly named alongside PrecisionHawk as a leading drone-software company.

6Aerialtronics
TypeDirect peer
Description

Commercial drone company focused on inspection, agriculture, and public-safety verticals; cited alongside PrecisionHawk in drone-services market rankings.

7XAG
TypeDirect peer
Description

Leading agricultural drone manufacturer for spraying, seeding, and mapping in Asia; identified as a leading player in agriculture drones together with PrecisionHawk.

8Yamaha Motor (FAZER / UMC unmanned helicopters)
TypeBroad incumbent
Description

Incumbent in agricultural aerial application via manned helicopters and unmanned rotorcraft; named alongside PrecisionHawk as a leading agriculture-drone competitor.

9Sentera
TypeEmerging player
Description

Aerial imagery and analytics provider specializing in agricultural drone data and decision-support; a niche competitor to PrecisionHawk in ag-only drone analytics.

10senseFly (AgEagle Aerial Systems)
TypeRegional player
Description

Fixed-wing drone maker for mapping and surveying with a strong ag and inspection focus; comparable to PrecisionHawk's aerial-imagery and analytics capability although serving somewhat different geographies.

Market position
Strengths2 records

Each record includes

Headline, Details, Source

Weaknesses3 records

Each record includes

Headline, Details, Source

Competitive moat3 records

Each record includes

Type, Details

Key risks5 records

Each record includes

Headline, Details, Source

Key highlights5 records

Each record includes

Headline, Details, Source

Customer concentration

Classification, Details

Segment1 record

Each record includes

Title, Type, Primary, Description, Pain point addressed, Use case, Source

Ideal customer profile2 records

Each record includes

Profile, Firmographic size, Sales motion, Sales cycle length, Buying structure, Purchase trigger, Buyer persona, Geography, Industry vertical, Primary use case, Description, Pain points, Evidence proof points, Target buyer

Technology focused
Yes
API detail
Has APIbool
No

Docs URL, Description

AI maturity
App detail

Has app

Core technology
Revenue estimate
Valuation estimate
Number of profiles
Profiles4 records

Each record includes

Name, Designation, Designation category, Overview, Profile commentary, Source

No data
No data
Funding overview

Funding stage, Last funding date, Total funding USD

Funding rounds6 records

Each record includes

Round, Amount USD, Date, Pre money valuation, Total investors, Investors, News

Investors16 records

Each record includes

Name, Type, Date of entry, Rounds participated, Website

Funding detail is available on the Subscription and Enterprise plan.Contact sales →

M&A5 records

Each record includes

Name, Acquisition type, Announced date, Completed date, Status, Website, News

Investment

Each record includes

Name, Round, Announced date, Lead investor, Website, News

M&A and investment is available on the Subscription and Enterprise plan.Contact sales →

PrecisionHawk

Drone Analytics Softwareprecisionhawk.com

PrecisionHawk was a Raleigh-based drone technology company (founded 2010) that built aerial data collection and AI analytics software for precision agriculture, construction and infrastructure inspection; it raised approximately $136 million before filing for bankruptcy in 2024.

What PrecisionHawk does

PrecisionHawk was a Raleigh, North Carolina-based commercial drone technology company founded in 2010 that built and integrated a drone-based aerial data collection and analytics platform. Its core offering combined drone hardware, software and analytics workflows to serve precision agriculture (crop monitoring and analysis), construction, infrastructure inspection, forestry and logistics end markets. The proprietary technology stack was positioned around cloud-based aerial data processing and AI-enabled real-time analytics, competing alongside DJI, Parrot, Skydio and DroneDeploy.

The company pursued an aggressive inorganic expansion strategy in 2018, executing five acquisitions — Uplift Data Partners (Nov 2018), Hazon Solutions and InspecTools (Sep 2018), and AirVid and Droners.io (Feb 2018) — to extend its drone-services and pilot-network capabilities. It raised approximately $136 million of cumulative disclosed equity funding across six rounds between 2013 and 2019, anchored by strategic investors including Verizon Ventures, Intel Capital, Comcast Ventures, OMERS Ventures, DuPont Ventures, Syngenta Ventures, NTT DOCOMO Ventures and Yamaha Motor Ventures, with Third Point Ventures and Millennium Technology Value Partners serving as lead financial sponsors on multiple rounds.

Pricing, revenue model and customer mix were not publicly disclosed, and no named enterprise customer logos were available in the input data. The company's primary disclosed go-to-market was vertical-focused, with agriculture as the lead segment. A 2024 drone industry consolidation analysis reported that PrecisionHawk filed for bankruptcy alongside Skydrop and ceased independent operations that year, ending a roughly 14-year run during which it had been one of the better-capitalized commercial drone software platforms in the market.

PrecisionHawk firmographics

Firmographics
Name
PrecisionHawk
Website
https://precisionhawk.com
Company type
Private
Founded year
2010
Operating status
Closed
Headcount range
101–250 employees
Short description
PrecisionHawk was a Raleigh-based drone technology company (founded 2010) that built aerial data collection and AI analytics software for precision agriculture, construction and infrastructure inspection; it raised approximately $136 million before filing for bankruptcy in 2024.
Ownership category
akta.pro rank

PrecisionHawk industry classification

Industry
Product category
Drone Analytics Software
NAICS
Search, Detection, Navigation, Guidance, Aeronautical, and Nautical System and Instrument Manufacturing (334511), Aerospace Product and Parts Manufacturing (33641)
SIC
Search, Detection, Navagation, Guidance, Aeronautical Sys (3812), Aircraft Parts & Auxiliary Equipment, Nec (3728)
akta.pro primary industry
Aerial Surveying & Crop Scouting (Imaging, Mapping, Stand Counts) (AFACAIAJ)
akta.pro secondary industries
Drone/UAS Application Services (Spraying, Spreading, Seeding) (AFACAIAB), Aerial Application Drones & UAS Spray Systems (AFAAADAB)

Keywords

  • Drone analytics software
  • Aerial data collection
  • Precision agriculture drones
  • Infrastructure inspection
  • Commercial drone services

Where PrecisionHawk is headquartered

Location

Headquarters

HQ city
Raleigh
HQ country
United States
HQ region
North America

Markets served

PrecisionHawk business model

Business model
GTM type
B2B
Offering type
Software
Cost components
Technology or R&D, Personnel, Marketing or Sales, Operations

PrecisionHawk product offering

Product offering

Core offering

PrecisionHawk develops and integrates commercial drone technology for aerial data collection and analysis. The company offers a drone-based analytics platform serving precision agriculture, forestry, construction, and infrastructure inspection use cases, enabling customers to capture and process aerial imagery for operational decision-making.

Product overview

PrecisionHawk is identified as a key player in the drone software and drone analytics market. It is mentioned alongside other industry leaders such as DroneDeploy, Pix4D, DJI, Skydio, and Parrot. According to market research reports, PrecisionHawk competes in the drone analytics sector, offering solutions for applications including Agriculture & Forestry, Construction, and other commercial drone use cases. Note: A 2024 market consolidation report indicates PrecisionHawk filed for bankruptcy during this period.

Differentiator

Problem solved

Functional benefit

Products and services

  • Drone-based data collection and analytics platform

Companies that use PrecisionHawk

Customer profile

Segments1 record

Ideal customer profiles2 records

PrecisionHawk technology and API

Technology

Technology focussed Yes

API detail

Has API
No
API docs
API detail

Core technology

AI maturity

App detail

PrecisionHawk partnerships and signals

Strategic signal

Scale indicators4 records

Recent moves5 records

Expansion highlights3 records

PrecisionHawk competitors and assessment

Company assessment

Broad incumbents

  • DJI: World's largest commercial drone manufacturer; directly comparable as PrecisionHawk was explicitly profiled alongside DJI in both the global drone-services and agriculture-drones market reports.
  • Yamaha Motor (FAZER / UMC unmanned helicopters): Incumbent in agricultural aerial application via manned helicopters and unmanned rotorcraft; named alongside PrecisionHawk as a leading agriculture-drone competitor.

Direct peers

  • Parrot SA: European commercial-drone manufacturer with an agriculture and inspection focus; cited alongside PrecisionHawk as a leading player in agricultural drones and has since absorbed AgEagle's ag analytics assets.
  • Skydio: US-based autonomous commercial drone maker for inspection, public safety, and agriculture; profiled as a direct competitor in drone services alongside PrecisionHawk.
  • DroneDeploy: Drone data and analytics platform for construction, agriculture, and inspection; named in the same drone-software competitive set as PrecisionHawk.
  • Pix4D: Photogrammetry and drone-mapping software suite used across surveying, agriculture, and construction; explicitly named alongside PrecisionHawk as a leading drone-software company.
  • Aerialtronics: Commercial drone company focused on inspection, agriculture, and public-safety verticals; cited alongside PrecisionHawk in drone-services market rankings.
  • XAG: Leading agricultural drone manufacturer for spraying, seeding, and mapping in Asia; identified as a leading player in agriculture drones together with PrecisionHawk.

Emerging players

  • Sentera: Aerial imagery and analytics provider specializing in agricultural drone data and decision-support; a niche competitor to PrecisionHawk in ag-only drone analytics.

Regional players

  • senseFly (AgEagle Aerial Systems): Fixed-wing drone maker for mapping and surveying with a strong ag and inspection focus; comparable to PrecisionHawk's aerial-imagery and analytics capability although serving somewhat different geographies.

Market position

Strengths2 records

Weaknesses3 records

Competitive moat3 records

Key risks5 records

Key highlights5 records

Customer concentration

PrecisionHawk social profiles

Digital presence

PrecisionHawk financial estimates

Financial estimate

Revenue estimate

Valuation estimate

PrecisionHawk leadership team

Management profile

Number of profiles

Profiles4 records

PrecisionHawk funding detail

Funding detail

Funding overview

Funding rounds6 records

Investors16 records

Funding detail is available on the Subscription and Enterprise plan.Contact sales →

PrecisionHawk M&A and investment

M&A and investment

M&A5 records

Investments

M&A and investment is available on the Subscription and Enterprise plan.Contact sales →

Frequently asked questions about PrecisionHawk

What does PrecisionHawk do?

PrecisionHawk develops and integrates commercial drone technology for aerial data collection and analysis. The company offers a drone-based analytics platform serving precision agriculture, forestry, construction, and infrastructure inspection use cases, enabling customers to capture and process aerial imagery for operational decision-making.

Is PrecisionHawk a public or private company?

PrecisionHawk is a private company. It is classified as venture growth investor backed and is currently closed.

When was PrecisionHawk founded?

PrecisionHawk was founded in 2010. It employs 101 to 250 people.

Where is PrecisionHawk based?

PrecisionHawk is headquartered in Raleigh, United States, in the North America region.

Who are PrecisionHawk's main competitors?

Broad incumbents on record are DJI and Yamaha Motor (FAZER / UMC unmanned helicopters). Direct peers are Parrot SA, Skydio, DroneDeploy, Pix4D, Aerialtronics and XAG. Sentera is listed as an emerging player. senseFly (AgEagle Aerial Systems) is listed as a regional player.

Does PrecisionHawk have an API?

No public API is recorded for PrecisionHawk.

What industry is PrecisionHawk in?

PrecisionHawk's product category is Drone Analytics Software. Its primary akta.pro industry code is AFACAIAJ, Aerial Surveying & Crop Scouting (Imaging, Mapping, Stand Counts), with a secondary code of AFACAIAB, Drone/UAS Application Services (Spraying, Spreading, Seeding). Its NAICS code is 334511 and its SIC code is 3812.

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Live signals
LinkedInGlobal Drone Data Services Market Size, Share, Growth and Forecast, 2026–2034TrendPeaks Research reports that the global drone data services market was valued at $12.95 billion in 2024 and is projected to reach $201.45 billion by 2034, growing at a compound annual growth rate of 31.58%. This expansion is driven by increased adoption of drones in disaster management and precision agriculture, alongside technological advancements in automation and analytics. The report identifies key industry players including PrecisionHawk, DroneDeploy, and Equinor, while noting regulatory frameworks and high initial costs as primary challenges.Market Growth ReportsWhat Are the Top Agriculture Robots Companies in 2026?The global agriculture robots market was valued at USD 3864.4 million in 2025 and is projected to reach USD 13470.28 million by 2035, growing at a CAGR of 13.3%, driven by the transition from traditional labor-intensive farming to data-driven precision agriculture. The article profiles eight key market participants including Deere & Company (24.50% market share), Lely (19.10%), DeLaval (18.20%), AGCO Corporation (12.80%), PrecisionHawk (6.20%), Parrot SA (5.60%), Harvest Automation (4.20%), and KC Drone (1.20%), detailing their revenues, geographic footprints, and specific 2025 product launches and strategic initiatives.Market Research FutureDrone Services Market Outlook, Trends, GrowthThe global Drone Services Market was valued at USD 111.0 billion in 2024 and is projected to reach USD 304.2 billion by 2035, growing at a compound annual growth rate of 9.6% during the forecast period. North America holds the largest regional market share at approximately 27%, with the United States leading at roughly 25% of the global market, while the Asia-Pacific region is emerging as the fastest-growing market. Key players including DJI, Parrot, Skydio, PrecisionHawk, and Aerialtronics are driving innovation through strategic partnerships, new product launches, and sector-specific solutions across agriculture, logistics, construction, and infrastructure inspection.openPR.comAgriculture Drones Market Size to Reach USD 3.9 Billion by 2031, Driven by Sensor-Guided Spraying and Farm AutomationAccording to a Mordor Intelligence research report, the global agriculture drones market is projected to grow from USD 1.5 billion in 2025 to USD 3.9 billion by 2031, representing a compound annual growth rate of 16.72%. Key drivers include rising labor costs, increasing agrochemical prices, and government subsidy programs that reduce upfront drone costs by up to 80% in regions such as India, Australia, and the United States. The report identifies SZ DJI Technology, XAG, Yamaha Motor, PrecisionHawk, and Parrot as leading players in the market, with competition increasingly focused on drone performance, battery efficiency, and software intelligence.Data Insights MarketDrone Analytics Navigating Dynamics Comprehensive Analysis and Forecasts 2026-2034A comprehensive market research report projects the global drone analytics market to reach USD 1243.5 million in 2025, growing at a Compound Annual Growth Rate (CAGR) of 15.4% through the forecast period (2025-2033). The report segments the market by application (including Agriculture & Forestry, Construction, Insurance, Mining & Quarrying, Utility, Telecommunication, Oil & Gas, Transportation, and Scientific Research) and by type (On-Premises and On-Demand), while identifying key players such as DroneDeploy, Pix4D, and PrecisionHawk. North America currently leads with 35.5% market share, while the Asia-Pacific region is projected to witness the fastest growth, driven by rapid industrialization and increasing government initiatives promoting drone adoption in countries like China and India.MoneyprouavTop 7 Industrial UAV Fixed Wing Drone Manufacturers in 2025The article highlights the growth and innovation of industrial fixed-wing UAV (drone) manufacturers as they become essential in various sectors like agriculture and environmental monitoring. It discusses the top seven manufacturers, including ChinaMoneypro UAV, senseFly, and PrecisionHawk, and emphasizes the importance of choosing the right manufacturer based on capabilities and application needs. The article underscores the transformative impact of these drones on operational efficiency and data collection strategies across industries.YouTubePrecision Hawk Drones Automating Crop Monitoring and Irrigation DecisionsPrecision Hawk is deploying drone technology equipped with high-resolution imagery, sensors, and AI analytics to automate crop monitoring and irrigation management in agriculture. This system provides farmers with real-time data on crop health and soil moisture to optimize resource use and improve yields. The initiative aims to enhance sustainable farming practices through early detection of crop stress.AgrolatamDrone Technology Powers U.S. Farming RevolutionThe agricultural drone market is rapidly expanding in the U.S., growing from a $2.94 billion valuation in 2024 to a projected $36.55 billion globally by 2032, with the U.S. domestic market alone expected to reach $14.29 billion by 2031. Drone manufacturers including DJI Agriculture, PrecisionHawk, and AeroVironment are actively launching AI-powered products and partnering with American growers to deploy autonomous crop spraying, disease detection, and irrigation planning tools that reduce chemical usage by up to 25%. Despite challenges including airspace regulations, high initial costs, and data privacy concerns, industry momentum is being driven by labor shortages, rising food production demand, and government incentives supporting smart farming adoption.openPR.comNext-Gen Farming: How Drones Are Transforming Crop Monitoring, Spraying, and Irrigation Management | Top Companies are 3D Robotics, DJI, Precision DronesThe global drone farming market is projected to grow at a significant CAGR from 2024 to 2031, driven by demand for precision agriculture. Recent 2025 launches include DJI's AI crop-monitoring drones, PrecisionHawk's autonomous fleets, and Yamaha's autonomous sprayers. North America leads, with Asia-Pacific expected to grow rapidly.DatainteloPest Detection AI Market Research Report 2033A market research report forecasts the global Pest Detection AI market to grow from USD 1.12 billion in 2024 to USD 8.8 billion by 2033, driven by precision agriculture and sustainability demands. The analysis highlights key technological advancements in AI, IoT, and drone integration, alongside regional growth led by North America and emerging markets in Asia Pacific. Major industry players identified include technology giants like Microsoft and IBM, as well specialized firms such as PrecisionHawk and BASF Digital Farming.